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  • Mortgage Rates Recover From Bad Start to the Day

    It's TAX DAY!!!! Make sure you have your returns or extension requests stamped by midnight. Mortgage rates moved higher for the second day in a row yesterday. Strength in the stock market and a better than expected retail sales data both contributed to rising mortgage rates. Helping stocks extend...
    Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Thu, Apr 15 2010
  • Mortgage Rates Fighting Off Rallying Stocks

    The theme in the secondary mortgage market this week has been volatility. Prices of mortgage backed securities have moved around a wide range as traders attempt to balance their uncertain long term economic outlooks with optimistic short term sentiment in stocks. This ongoing struggle has mostly insulated...
    Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Thu, Oct 15 2009
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